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Friday, 25 July 2008
 
 

Why Paying Attention To Your Business' Lifecyle Can Only Help You - Part 3

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Why Paying Attention To Your Business' Lifecyle Can Only Help You - Part 3

In parts 1 and 2, I discussed the first 4 phases of a typical business lifecycle; from its very first days to reaching maturity. In this article, the last of the series, I'll discuss typical characteristics of a business that has developed to a stage where its owners are expanding. I'll also discuss how to identify a business that has reached its peak and is now declining and the merits of reviewing exit strategies for its owners.
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